International Business Law: Simulation

You are a management team for a company engaged in international trade. During the course, your company will be faced with choices of action that concern various international business laws. To successfully navigate these choices, your team will do a memo to the CEO (your professor), advising on what the business should do, and why.

Your team will be graded on what you advise the CEO to do, and why. A good memo should fully and completely explain the reasons for the action, with specific reference to the laws and legal principles discussed in the book.

Practice Decision 1

Our company makes small household appliances (coffee makers, toasters, blenders, etc.) in Taiwan and sells them in the United States. The company is now considering selling its products around the globe.

What are the risks that the company faces in selling outside the US? What are the advantages and disadvantages of selling outside the US?